Oil and Gas Rotary Rig Counts

April 10th, 2018|Comments Off on Oil and Gas Rotary Rig Counts

The total number of operating rigs in the U.S. the week as of March 6th was 1,003,000 oil and 194 gas. In percentage terms, on a month on month, (m/m) basis, oil rigs were up [...]

Chicago Fed National Activity Index

March 28th, 2018|Comments Off on Chicago Fed National Activity Index

The pace of U.S. economic growth accelerated in February as the CFNAI surged by 0.88, up from a +0.02 rise in January. On a three month moving average, (3MMA) basis the CFNAI was higher by [...]

Consumer Confidence

March 28th, 2018|Comments Off on Consumer Confidence

The Consumer confidence index rolled-back 2.3 points in March according to the Conference Board. The index now stands at 127.7. Despite the decline, the index remains at elevated levels with a positive trend line. Businesses [...]

Automotive Sales

March 21st, 2018|Comments Off on Automotive Sales

Data from the Bureau of Economic Analysis (BEA), shows that total light (cars and light truck/SUVs), vehicle sales in January were at a seasonally adjusted annual rate, (SAAR) of 17.505 million (M), units, down 724,000 [...]

Job Turnover and Openings Report

March 20th, 2018|Comments Off on Job Turnover and Openings Report

Businesses have a mountain of jobs to fill, another data point on just how strong the economy is at the present time. Job openings increased to 6.31 million, (+645,000) on the last business day of [...]

Employment by Industry

March 12th, 2018|Comments Off on Employment by Industry

The economy created 313,000 jobs in February greatly exceeding analysts’ expectations. There were good gains in both construction and manufacturing. The total number of seasonally adjusted (SA), non-farm people employed in the U.S. in February [...]

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